• News
  • Columns
  • Interviews
  • BW Communities
  • Events
  • BW TV
  • Subscribe to Print
  • Editorial Calendar 19-20
BW Businessworld

Train Tickets, Freight Tariff To Be Costlier From 1 Apr

Photo Credit :

Travelling in trains is set to become costlier as the hike in reservation fee and superfast charges announced in the Rail Budget come into effect from 1 April. Besides hike in passenger fares, freight rate for all commodities will also go up by about 5.7 per cent on Monday.

The Railways expect to earn Rs 42,210 crore from passengers traffic and Rs 93,554 crore from goods transportation in 2013-14.

Though the Railways have not increased basic passenger fare, it had proposed increase of the reservation fee, superfast and Tatkal charges. Cancellation and clerkage charges will also be hiked from April.

While the cash-strapped Railways were expected to mop up about Rs 880 crore annually from the latest hike in service charges on train tickets, the freight rate revision will fetch Rs 4,200 crores for the national transporter in the fiscal 2013-14.

As per a Railway notification, while reservation fee for second and sleeper class has not been revised, AC classes will be dearer by Rs 15 to Rs 25 per ticket.